2 Old Mill Road Smiths Falls, Ontario K7A 1Z3
$320,000
BRICK 4-PLEX WITH GAS HEATING IN AN ALL RESIDENTIAL AREA ON A QUIET STREET, WITH A HIGH WALKSCORE BEING CLOSE TO ALL THE AMENITIES OF THE BUSINESS SECTION,CLOSE TO THE WORLD HERITAGE SITE RIDEAU CANAL WITH MANY WALKING TRAILS ALONG THE CANAL & ADJOINING PARK WITH MANY YEARLY FESTIVALS,4 HYDRO METERS, SMITHS FALLS IS ONLY 12 MILES FROM PERTH WHERE THE VALUE OF BRICK BUILDINGS HAS SKYROCKETED,PRESENTLY BRICK BUILDINGS IN SMITHS FALLS ARE VERY AFFORDABLE,TREMENDOUS UPSIDE POTENTIAL ON THE RENTAL INCOME WITH THE APTS BEING GROSSLY UNDER RENTED, THIS BUILDING WILL CATAPULT YOU INTO A NEW HEMISPHERE OF THE REAL ESTATE WORLD AS YOU BECOME A BIG-TIME CASH GENERATOR,OWNING MULTI-RESIDENTIAL REAL ESTATE IS THE BEST INVESTMENT DURING TOUGH TIMES- BUSINESSES CLOSE & COMMERCIAL REAL ESTATE DOES POORLY EXCEPT MULTI-RESIDENTIAL BECAUSE EVERYONE STILL NEEDS A PLACE TO LIVE,INVESTORS BECOME MORE SUCCESSFUL WHEN THEY BUY 4-PLEXES, RENTS ARE 2A- $737.02 2B- $669.65 2C- $709.00 4- $646.95 CASH COW (id:37684)
Property Details
| MLS® Number | 1338371 |
| Property Type | Multi-family |
| Neigbourhood | SMITHS FALLS |
| Amenities Near By | Shopping, Water Nearby |
| Communication Type | Cable Internet Access, Internet Access |
| Parking Space Total | 4 |
Building
| Basement Development | Unfinished |
| Basement Type | Cellar (unfinished) |
| Constructed Date | 1900 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Flooring Type | Mixed Flooring |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| See Remarks |
Land
| Acreage | No |
| Land Amenities | Shopping, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 60 Ft |
| Size Frontage | 42 Ft ,9 In |
| Size Irregular | 42.75 Ft X 60 Ft |
| Size Total Text | 42.75 Ft X 60 Ft |
| Zoning Description | Commercial 1 C1 |
Utilities
| Fully serviced | Available |
https://www.realtor.ca/real-estate/25500494/2-old-mill-road-smiths-falls-smiths-falls
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July 31 2023 07:41:30
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group
